Sell-Side is Saying Buy These Stocks: Tata Motors Limited (NYSE:TTM), Real Industry, Inc. (:RELY)

Equity Research firms currently have a positive stance on shares of Tata Motors Limited (NYSE:TTM). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $47.00 on a short term basis.

Performance
At the time of writing, the stock was trading at $35.73. This represents a change from most recent open price of -0.03%. In terms of performance, year to date, the stock is 2.27%. The monthly stock performance comes in at 3.81%. For the quarter, shares are performing at -3.96%. Weekly performance analysis shows the equity at 0.46%.

Technicals
In taking a look at technical levels, shares are trading 1.98% away from the 50 day simple moving average and -2.87% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -20.23% away from it’s 52- week high and 12.68% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Tata Motors Limited’s RSI stands at 54.45. In looking at volatility levels, the shares saw weekly volatility of 1.47% and 1.47% over the past month.

Sell-side analysts are offering a consensus “Buy” rating on shares of Real Industry, Inc. (:RELY).  Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 2.30.  Based on a recent trade, the shares are hovering around $3.20 which, according to analysts, yield significant upside potential to the $6.00 consensus target price.

Real Industry, Inc. (:RELY) shares typically trade an average volume of 392.66 and institutions hold 56.20% of the total shares.  

MOVING AVERAGES

We see here that the stock is 13.83% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 20.57% from current levels.  Further back, their 200-Day Simple Moving Average is -32.36% difference from today’s price.  Currently, the stock is -8.57% from its 50-Day High and 68.42% from the 50-day low. 

Real Industry, Inc. (:RELY)‘s stock has performed at -48.36%.  Breaking that down further, it has performed 18.87% for the week, 8.62% for the month, -8.70% over the last quarter, -42.73% for the past half-year and -63.29% for this last year. 

By DR Staff Writer